Tag: Fitch
Hawaiian Electric, Fitch also cuts rating to “junk” after fires
(Tiper Stock Exchange) – Fitch Ratings downgraded the Long-Term Issuer Default Rating (IDR) by Hawaiian Electric Industries (HEI) to “B” from “BBB+” and Hawaiian Electric Company (HECO) long-term IDR to…
Banks, Fitch: extra profit tax will affect profits but will not affect ratings
(Finance) – The announcement of a tax on the extra profits of Italian banksin the form of a levy aimed at increasing the interest margin (NII) achieved by institutions thanks…
Debt: why the Fitch agency downgrades the United States’ rating
A first since 2011. The United States lost its precious AAA rating on Tuesday, August 1, the Fitch agency having downgraded it by one notch, to AA +, blaming in…
Fitch confirms rating on Brebemi bond at BB+ with negative outlook
(Finance) – Fitch Ratings has confirmed the senior secured notes of Brebemi Project Company at “BB+“. L’outlook is negative. The affirmation of the judgment considers the recent positive traffic performance…
Stellantis, Fitch improve rating to BBB+ with stable outlook
(Finance) – Fitch has improved the ratings Of Stellantisone of the world’s leading automobile manufacturers, at “BBB+” from “BBB”, with outlook “stableThe upgrade reflects Stellantis’ continued strong financial profile, underpinned…
Italy, Fitch raises growth estimates for 2023. Reduced for 2024
(Tiper Stock Exchange) – Fitch revised upwards its growth forecasts for Italy, with GDP now expected at +1.1% by the end of 2023. This is what emerges from the Global…
UniCredit Bulbank, Fitch confirms BBB with stable outlook
(Tiper Stock Exchange) – Fitch Ratings confirmed the Long-Term Issuer Default Rating (IDR) of UniCredit Bulbank (subsidiary based in Bulgaria of Italian banking group) to “BBB” with a stable outlook…
Fitch: Summer bookings of airlines and hotels confirm tourism momentum
(Finance) – The hotel occupancy rate Europeans could exceed pre-pandemic levels and the air traffic could approach 2019 levels in 2023, thanks to a strong summer season. This is stated…
Debt: why the Fitch agency downgrades France’s rating
It is a demotion that sounds like a new warning for France. The rating agency Fitch Ratings announced on Friday April 28 in a press release that it was going…
Asset Management, Fitch: AUM growth more difficult with volatility and competition
(Finance) – The European investment managers they have to face challenges in maintaining and growing their assets under management (AUM) due to market uncertainty and increased competition for customer savings…